World Fuel Services 2012 Annual Report Download - page 83
Download and view the complete annual report
Please find page 83 of the 2012 World Fuel Services annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73 -
74 -
75 -
76 -
77 -
78 -
79 -
80 -
81 -
82 -
83 -
84 -
85 -
86 -
87 -
88 -
89 -
90 -
91 -
92 -
93 -
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
 |
 |
The following table presents information about our derivative instruments measured at fair value and
their locations on the consolidated balance sheets (in thousands):
As of December 31,
Balance Sheet Location 2011
Derivative assets:
Derivatives designated as hedging instruments
Commodity contracts Other current assets $ 991 $ 528
Commodity contracts Accrued expenses and other current liabilities — 22
Foreign currency contracts Other current assets 148 —
1,139 550
Derivatives not designated as hedging instruments
Commodity contracts Other current assets 67,533 59,185
Commodity contracts Non-current other assets 1,423 2,065
Commodity contracts Accrued expenses and other current liabilities 5,776 3,231
Commodity contracts Other long-term liabilities 46 40
Foreign currency contracts Other current assets 741 1,912
Foreign currency contracts Non-current other assets — 1,082
Foreign currency contracts Accrued expenses and other current liabilities 1,545 —
77,064 67,515
$78,203 $68,065
Derivative liabilities:
Derivatives designated as hedging instruments
Commodity contracts Other current assets $ 2,284 $ 1,519
Commodity contracts Accrued expenses and other current liabilities — 21
2,284 1,540
Derivatives not designated as hedging instruments
Commodity contracts Other current assets 41,410 37,713
Commodity contracts Non-current other assets 47 2
Commodity contracts Accrued expenses and other current liabilities 20,927 16,434
Commodity contracts Other long-term liabilities 1,034 1,213
Foreign currency contracts Other current assets 595 413
Foreign currency contracts Non-current other assets — 481
Foreign currency contracts Accrued expenses and other current liabilities 3,151 124
Foreign currency contracts Other long-term liabilities 99 —
67,263 56,380
$69,547 $57,920
64
2012